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An all-equity firm is considering the following projects. Projects Beta Expected Return (%) Gamma 0.78 15% Mega 1.36 13% Maxi 1.40 16% Assume the T-bill

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An all-equity firm is considering the following projects. Projects Beta Expected Return (%) Gamma 0.78 15% Mega 1.36 13% Maxi 1.40 16% Assume the T-bill rate is 5% and the market risk premium is 11%. The firm's cost of capital is 15%. Which projects would be incorrectly accepted if the firm's overall cost of capital is used as a hurdle rate? OA) Gamma B) None of them OC) Maxi D) Mega OE) Gamma and Maxi

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